E5-Moorings Living-Vol.563

EAST COAST TAX & FINANCIAL PLANNING

Your Accountant, Financial Advisor, & Insurance Agent...

By Gabby Gregory

When was the last time you sat down with your accountant, nancial advisor, and insurance agent all in one room or on a conference call to talk about you, your money, and your goals? If you’re like most other people, then your answer is “never.”

At East Coast Tax & Financial Planning, however, you receive comprehensive advice about all three — accounting and taxes, insurance, and investment/ nancial management — during each and every meeting. After all, as the owner and CEO of the business — Danny Howes, EA, RFC — says, “You can make the best nancial investment decisions in the world, but if you’re giving most of it to Uncle Sam, it’s not a good investment strategy.”

Discovering the Dangers & Disconnect

For the past 20+ years, Danny has been working in the nancial services industry with a speci c mission in mind: to prevent people from going through the same unfortunate scenario that his family did.

Indeed, Danny’s father had no plans in place when, suddenly, he died of a heart attack at 60 years old. This tragedy led to a dif cult and challenging journey to put the pieces back together and ensure his mother and family were taken care of properly. In response to the experience, Danny transformed his whole approach to nancial planning and went to the drawing board, designing a planning process to help others avoid similar situations.

As he spent more time in the nancial industry, Danny realized that there was a “huge disconnect” between taxes, insurance, and investments. He decided the best solution would be to bridge those gaps himself, as he had the training, experience, and licenses for each.

All in One!

Comprehensive Financial Planning for Everyone

East Coast Tax & Financial Planning is a full-service accounting rm and insurance agency that offers investment management and nancial advice. Even if the experts at East Coast Tax & Financial Planning aren’t providing services in all three of these areas, they are happy to collaborate with your other providers to ensure that the advice and guidance given in any of these areas is accurate.

Danny and his professional team strive to educate and empower their clients to make smart nancial choices, whether they are business planning, saving for retirement, or already retired. Their process meets their clients where they’re at now, and they work together to develop a plan and a strategy to help their clients get where they want to go.

“It’s essential to look at potential pitfalls that can derail your plan and then proactively add measures of protection and maneuvers to navigate through the ‘what-ifs’ in life.

Like in science, we look at your nancial plan and apply pressure. We want to see what your plan looks like in alternative environments. For example, economic downturn, disability, premature death, long-term care, etc. Planning for these things makes it much easier to handle them when they arise, instead of dealing with them in real-time with no clear plan in place.”

— Danny Howes, EA, RFC

“If you fail to plan, you are planning to fail.” —

Benjamin Franklin

Visit East Coast Tax & Financial Planning sooner rather than later to make the proper plans to protect yourself, your family, and your loved ones! Danny attests that his clients have expressed that they wish they had started the process much sooner.

Danny Howes, EA, RFC

Wealth Management and Investment Advisory Services are offered through Truvestments Capital LLC, an SEC-registered investment advisor.

“Coming together is a beginning; keeping together is progress; working together is success.”

Henry Ford

New Treatment for Alzheimer’s

The FDA approved Aduhelm in 2021 under accelerated approval. First approved June 7, 2021. A subsequent, poorly-explained controversy eventually resulted in MEDICARE to withdraw coverage for the drug. The company decided to support patients, and as of today, has active participation to help individual patients to obtain the treatment via a company support program.

As a result of Medicare not paying for the treatment, many providers stopped administering the drug in their office. Our office had difficulty finding a provider who would administer the drug intravenously.

After some thinking and brainstorming with my staff, I decided to start this I.V. service in our office at 100 US Hwy. 1, Suite 120, Vero Beach.

We are a cash-based practice and do not accept insurance. This is because of the prohibitive overhead billing from the insurance companies. So, we make it the patient’s responsibility to obtain the Aduhelm. We assist in this process, and Biogen has a PATH Enrollment (Patient Assistance Program) for financial assistance. The intravenous medications arrive in our office ready to go. We do charge for our expenses and for the services we render. We think our pricing is more than reasonable. My goal as a physician is to help patients who so desire to get access to the first

For What It’s Worth by Dr. Melfi, Ph.D.

So, I’ve been doing a lot of thinking lately, about why most of our lives have become so hectic, and lamenting over the good old days. Of course, I know that in hindsight, it was probably hectic back then as well, but I miss the idle time I used to have, even though my husband and I raised four children. Still, it seemed as though there was plenty of time to sit at dinner and go over each other’s day, talk about upcoming plans, and maybe sit down for a quiet evening while the children went to their rooms to do homework. What the heck happened?!

I’m going to go out on a limb here, and blame the internet, and possibly technology in general, but as I write these words, I feel the entire population ganging up on me. Yes, I use the internet everyday. Yes, I ask google for answers to questions that I’m too lazy to research, and yes, I’m on my computer as a writer, non-stop, so who am I to make unkind remarks about the internet? I don’t disagree. All I’m saying is that I feel like families are losing valuable teaching moments, emotional moments, and yes, even punitive moments because everyone has a device in their hands and are spending an inordinate amount of time that could be spent interacting with others. I remember when texting rst became a thing. I thought it was ridiculous. I didn’t see the point of it. If I had something to say, I could just call the person.

en, a er free time was sucked into the atmosphere, I realized the beauty of texting. A sentence is typed and received within moments, and the receive answers immediately. ere is no interruption in time management. In fact, you can be speaking to someone on the phone, and texting someone else at the same time. Magic! I don’t know how we ever lived without texting.

But, I digress. Now, when my grandchildren come over, they are glued to their iPads. In restaurants, I see perfectly well-behaved children with their parents, who are free to dine with the other adults free of the inconvenience of their children’s whining or back-talking, because their children are otherwise involved in FaceTime, Tik-Tok, video games and the like. It seems like a winwin, but sometimes I wonder if it isn’t a lose-lose. When I was a child eating at a grownup dinner table, I had to sit politely, and endure an hour or more of adults reminiscing about generational stories that were handed down from one to another. ose stories may be dying at the dinner table as we speak, because children have no interest in hearing them, and are not subjected to sitting there listening. It feels like our ancestors are begging for a chance to be remembered, but the younger generation has little interest in hearing about anything that doesn’t pertain to them or o er immediate grati cation. Please understand,

I’m speaking in generalities, not about your children or grandchildren speci cally. I am simply stating that I feel a great loss of free time, storytelling, family time, and just lazy fun in general.

But how do we go back? e sad news is that we don’t. Without technology, we would have to live o the grid, or on another planet to communicate the way we used to. Everything is done with the internet, and even that is changing so quickly I can barely keep up. For those of us who are of a certain age, it seems like we are falling behind quickly, with no chance of catching our breath.

For What it’s Worth, I’d like just one more day of being in a family where it was exciting to nish dinner and look forward to putting a puzzle together or playing a good old fashioned game of monopoly, but that’s just me. A hopeless romantic, and wide-eyed optimist.

2.) Danny Howes is an Enrolled Agent (EA), which is the highest credential awarded by the IRS. This designation means that he is unrestricted as to which taxpayers he can represent, which IRS offices he can represent clients before, and what types of tax matters he can handle.

3.) East Coast Tax & Financial Planning is a year-round tax firm, meaning that if you ever have questions about or issues with your taxes, then you can get in touch with the actual person who completed them... no matter the season!

WE ARE STILL SERVING UP THE BEST!

THE BEST JUMBO BAY SPICED U-PEEL SHRIMP IN FLORIDA!

*served chilled ; or heated with garlic-herb drizzle on request*

1/2 lb (10 big ones) $8.95 - 1 lb (20 big ones) $16.95

ALL YOU CAN EAT in 1 1/2 hours $49.95 (inc. roasties & veggies: no sharing or doggy bags)

• Olde English Fish ‘N’ Chips (3 Choices of Fish)

• Black Angus Burgers

• Mouth-Watering “PHILLY’S” - Original or Chicken

• Grand Banks Sea Scallops

• Steamed Clams & Garlic Black Shell Mussels

• Steamed Clams & Garlic “Naked Mussels”

• Sul te-FREE Jumbo Shrimp

• Surf ‘N’ Turfs to Die For!

• Over-Stuffed Sandwiches

All Prepared by Chef Jonathan & His Kitchen Staff